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Bloomberg56d agoneutral
Cerebras Gives 2026 Sales Outlook That Disappoints Investors

(Bloomberg) -- Cerebras Systems Inc., a newly public chipmaker aiming to compete with Nvidia Corp. in AI computer components, gave an annual sales forecast that disappointed investors looking for the company to take a bigger slice of the market.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volati

The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever
etf.com56d agoneutral
The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever

<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>

Trading Day: Chip wreck
Reuters56d agoneutral
Trading Day: Chip wreck

By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more

FedEx Earnings Beat Expectations. The Stock Is Falling Anyway.
Barrons.com56d agoneutral
FedEx Earnings Beat Expectations. The Stock Is Falling Anyway.

Shares of shipper FedEx fell after the company beat expectations for fourth quarter earnings and revenue and sees continued profit growth this year. Shares fell 4.4% in after hours trading to $303.29. FedEx reported fourth quarter revenue of $25 billion and adjusted earnings of $6.21 a share.

FedEx Revenue Rises on Growth in Package Yields, Volume
The Wall Street Journal56d agoneutral
FedEx Revenue Rises on Growth in Package Yields, Volume

Chief Executive Raj Subramaniam said FedEx’s growth strategy is working, and with the spinoff of its freight division, the company is positioned to further optimize its network and lower costs.

If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.
24/7 Wall St.56d agoneutral
If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.

The iShares Core MSCI EAFE ETF (NYSEARCA:IEFA) has quietly become one of the best-performing core holdings in U.S. investor portfolios this year, climbing roughly 10.5% year to date and roughly 24% over the past 12 months to around $97. With 7 basis points in fees and roughly 2,500 developed-market holdings across Europe, Japan, and Australia, ... If the Fed Cuts Again, IEFA Could Rally Further. Here’s Your Monitoring Checklist.

Bill Ackman just showed what’s inside his $5B fund
TheStreet56d agoneutral
Bill Ackman just showed what’s inside his $5B fund

Retail investors have spent decades watching Bill Ackman make concentrated bets from the outside, The Motley Fool noted, piecing together his moves through quarterly filings that arrive months after the trades close. That dynamic changed when Pershing Square USA (PSUS) began trading on the New York ...

Agnico Eagle Mines (AEM) Completes Acquisition of Rupert Resources
Insider Monkey56d agoneutral
Agnico Eagle Mines (AEM) Completes Acquisition of Rupert Resources

Agnico Eagle Mines Limited (NYSE:AEM) is one of the most promising long-term stocks to buy according to analysts. On June 16, Agnico Eagle Mines completed its acquisition of Rupert Resources Ltd. through a plan of arrangement. Under the terms of the transaction, Rupert shareholders will receive 0.0401 of an Agnico Eagle common share for each […]

Strategy on Track for Lowest Close in Two Years
The Wall Street Journal56d agoneutral
Strategy on Track for Lowest Close in Two Years

Shares of Strategy, the bitcoin-accumulation firm founded by Michael Saylor, are on pace for their lowest close in more than two years. The stock fell 4.7% Tuesday afternoon and is down more than 30% this year.

SpaceX launches $25 billion notes offering, source says
Reuters56d agoneutral
SpaceX launches $25 billion notes offering, source says

Elon Musk's SpaceX has launched a five-tranche notes offering aimed at raising at ‌least $25 billion, a source familiar with the ‌matter said on Tuesday, as the newly public company seeks funding ​for its capital-intensive AI expansion. SpaceX's AI ambitions carry a hefty price tag, requiring tens of billions of dollars in investment in data centers, computing hardware and power ‌infrastructure. The offering consists of ⁠5-year, 7-year, 10-year, 20-year, 30-year tenor senior unsecured notes, according to a document seen ⁠by Reuters.

Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat
24/7 Wall St.56d agoneutral
Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat

I keep hitting the buy button on Grab (NASDAQ:GRAB) and I am not done. While Wall Street obsesses over June tech prices and broader indices wobble on inflation worries, I am quietly adding shares of a Southeast Asian super-app that, in my view, is being mispriced as a volatile penny stock when the underlying business ... Here Is the 1 Dirt-Cheap Super-App Monopoly I Keep Accumulating on Repeat

Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'
Benzinga56d agoneutral
Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'

Nike Inc. CEO Elliott Hill admitted that the company’s restructuring process is not progressing as swiftly as initially planned. Hill attributed the delay to the magnitude of Nike’s challenges, amplified by U.S. tariffs and increasing oil prices that have affected consumer spending. “What I didn’t realize until I got in is the amount of work that needed to be done and the amount of time [it would take] to get us to where we are and, more importantly, where we want to go,” Hill told in an intervi

67 With $1.5 Million. Here Are My 3 Defensive Anchors
24/7 Wall St.56d agoneutral
67 With $1.5 Million. Here Are My 3 Defensive Anchors

The Fed’s pivot toward a rate-hike bias changes the math for a 67-year-old with $1.5 million in a 401k. Bond reinvestment risk just got more interesting, but equity duration got more dangerous. My answer is three Dividend Kings whose payouts have survived every rate regime since the Eisenhower administration. Here is the safety case for ... 67 With $1.5 Million. Here Are My 3 Defensive Anchors